Category: Industry
VAT on used vehicles hurts the common man and creates a black market – CMTA
The Ceylon Motor Traders’ Association (CMTA) made a statement claiming that the newly imposed VAT on used vehicles, has supported the creation of a black market in the industry, while increasing the market prices of used vehicles which is hurting the common man of the country. The recent implementation of VAT has stirred concerns […]
PUCSL and Environment Min ink agreement to enhance certification system for RAC and MAC Technicians in SL
The Public Utilities Commission of Sri Lanka (PUCSL) – the electricity industry regulator, signed a Memorandum of Understanding (MOU) with the Air Resource Management and National Ozone Unit of the Ministry of Environment, Tuesday aimed at establishing a comprehensive licensing system for Refrigeration, Air Conditioning (RAC) and mobile air conditioning (MAC) technicians and to provide […]
SriLankan Aviation College joins ranks of IATA’s regional training partners
SriLankan Aviation College, the training arm of SriLankan Airlines, has signed on to become Sri Lanka’s only International Air Transport Association (IATA) Regional Training Partner joining ranks of a prestigious few training centers numbered to seven in all of Asia. SriLankan Aviation College will be offering the Safety Management Systems (SMS) for Maintenance and Repair […]
Neighbouring Countries Economic Development Cooperation Agency of Thailand extends support to SLanka
The Neighbouring Countries Economic Development Cooperation Agency (NEDA) of Thailand agreed to enhance and expand its cooperation with Sri Lanka during a discussion held between Ambassador of Sri Lanka and Permanent Representative to the UNESCAP, C. A. Chaminda I. Colonne and the Vice President of NEDA, Senior Col. Saranyu Viriyavejakul on 15 January 2024 in […]
Oil Spill Drill at Hambantota International Port
Hambantota International Port (HIP) in partnership with the Sri Lanka Coast Guard and the Sri Lanka Navy, conducted an oil spill drill last week, to enhance their emergency preparedness. “While all health and safety measures are in place to prevent accidents, we are also prepared for the unexpected. Therefore, drills of this nature are mandatory […]
99x Achieves ISTQB Platinum Partner Status Elevating Software Quality Assurance Excellence
99x, a global IT services company, proudly announces its achievement of the prestigious International Software Testing Qualifications Board (ISTQB) Platinum partnership, marking a significant milestone in the company’s commitment to maintain certifications of its staff to provide world-class quality assurance (QA) services. The ISTQB Platinum partnership is a testament to 99x’s unwavering dedication to upholding […]
Hatch and Sarvodaya launch “GoviLab” AgriTech accelerator
Sarvodaya, a grassroots organization, is partnering with Hatch – Sri Lanka’s largest innovation and entrepreneurship development organization, to launch the “GoviLab” AgriTech Accelerator. This is an integral part of Sri Lanka’s Inclusive Digital Agriculture Transformation (IDAT) strategy, a one-of-a-kind national initiative brought about by the collaborative efforts of the Government of Sri Lanka and the […]
SL Commits to Fair Trade Collaboration: EDB & International Fair Trade Networks Sign a Cooperation Framework
In a Strategic move to promote International Fair Trade and foster global cooperation, Sri Lanka officially signed the Framework of Cooperation (FOC) with international fair trade networks in Colombo recently. The signing ceremony, attended by representatives from major fair trade and supporting organizations, took place at the Colombo Ramada Hotel. The primary objective of the […]
Gourmet Galle: Culinary extravaganza on South coast of Sri Lanka
Gourmet Galle, the partner festival to the esteemed Galle Literary Festival, is set to launch an exceptional 12-week culinary celebration on the picturesque shores of the south of Sri Lanka. Conceived by Geoffrey Dobbs, the festival director, and founder, Gourmet Galle aims to bring people out of the wintry cold and dark countries, offering an […]
CEAT helps keep Suwa Seriya ambulances on the road
The 322-strong fleet of ambulances operated by the Suwa Seriya Foundation will continue to fulfil its humanitarian mission in Sri Lanka with tyres supplied by CEAT Kelani Holdings as the preferred tyre supplier. CEAT Kelani recently renewed its commitment to Suwa Seriya, undertaking to provide tyres for five ambulances free of charge and to provide […]
Sri Lanka Central Bank to implement single policy rate mechanism
Sri Lanka’s Central Bank of Sri Lanka (CBSL) said it seeks to consolidate monetary policy operations under a single benchmark rate. Governor of the CBSL Nandalal Weerasinghe made this remark while announcing the 2024 annual policy statement in Colombo, Wednesday. The decision was made following the recognition of the limitations of its current system, which […]
Cargills Bank debuts trading on the Colombo Stock Exchange
The shares of Cargills Bank Limited (CODE: CBNK-N-0000) commenced trading on the Colombo Stock Exchange (CSE) on 09th January 2024. The shares have been listed on the Main Board of the CSE under the ‘Diversified Banks’ sector. The occasion was marked with a special Bell Ringing Ceremony. The company’s Initial Public Offering (IPO) for 62.5 […]